Cannabis market growth stifled by federal regulation delay
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free trial
  • Log in

Cannabis market growth stifled by federal regulation delay

Eli Rallo
September 21, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Sativa Cannabis plants in their growing stage
Photo: Alamy

The trend towards the legalization of cannabis in the US has led to growing demand for insurance and other financial services to support the budding industry, but stalled efforts in Congress to provide legal cover at the federal level are stymying what many view as a potential major growth industry.

Marijuana has been legalized recreationally in 36 states and a draft of federal cannabis legalization legislation has been introduced to the Senate, but financial institutions such as insurance companies and banks have been largely unable to do business in...

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Specialty lines
ER
Eli Rallo
Gift this article